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Sold

116 42nd Street sold on May 26, 2026 for $2,950,000, 1.5% below the $2,995,000 asking price after 1 day on the market. The buyer financed the purchase with a conventional loan. The details are below for reference.

Single Family ResidenceSold · May 26, 2026

116 42nd Street, Newport Beach, CA 92663

  • 3 beds
  • 2 baths
  • 1,258 sq ft
  • 2,550 sq ft lot
  • Built 1957

Own 116 42nd Street? Request a free home valuation to see what it is worth today.

$2,950,000

MLS# PW26078910

Subdivision Balboa Peninsula (Residential)

28 single-family homes sold in the past 12 months · median $7,112,500

See homes for sale in Balboa Peninsula

The home

About 116 42nd Street

Charming beach cottage 4 houses off the sand with new roof, windows, and siding. Walk up to a classic white picket fence bordering a large patio that leads straight through the turquoise baby blue dutch door into your next home. On your left is the charming living room with generous fireplace and on your right is a large peninsula and bar for eating and drinking with friends and family. Just beyond the kitchen is a little garden wall framed by succulents that wanders out to the side yard or dog run. Brand new carpet in all the rooms and charming tile work in the baths. Home features a large two car garage with storage and work bench.

Property details for 116 42nd Street

This 3-bedroom, 2-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 1,258 square feet of living space on a 2,550-square-foot lot. The home was built in 1957. The MLS record lists the assessor parcel number as 423-311-07. Highlights include a fireplace, single-story living, and an attached two-car garage.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
PW26078910
Year Built
1957
Living Area (sq ft)
1,258
Living Area Source
Assessor
Lot Size (sq ft)
2,550
Lot Size (acres)
0.0585
Levels
One
Bedrooms
3
Full Baths
2
Garage Spaces
2
Parking Spaces
2
View
None
Parcel Number
42331107
On Market Date
2026-04-13
Listing Terms
Standard

Interior Features

Interior Features
All Bedrooms Down
Appliances
Dryer, Washer
Heating
Central
Cooling
None
Fireplace
Living Room
Laundry
In Garage
Main Level Bedrooms
3
Main Level Bathrooms
2
Entry Level
1
Common Walls
No Common Walls

Exterior Features

Lot Features
Zero To One Unit Acre
Pool Features
None
Sewer
Public Sewer
Water
Public
Units
1

Community Features

Subdivision
Balboa Peninsula (Residential) (BALP)
Community Features
Suburban, Sidewalks

The record

Property History for 116 42nd Street

DateEventPriceNote
May 26, 2026 Sold $2,950,000
Apr 29, 2026 Status changed to Pending From Active Under Contract
Apr 18, 2026 Status changed to Active Under Contract From Active
Apr 13, 2026 Listed for sale $2,995,000

No prior MLS sales on record for this home since 2012.

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 116 42nd Street

We looked up this home's map point in public government maps. These facts are not part of the MLS listing.

Hazard zones

Flood zone

Zone X, 0.2 percent annual chance flood hazard. Outside FEMA's Special Flood Hazard Area.

FEMA National Flood Hazard Layer, FIRM panel 06059C0377K effective March 21, 2019. Checked October 15, 2026.

Fire hazard severity zone

Not in a fire hazard severity zone on the State Fire Marshal's map.

CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.

Earthquake fault zone

Outside the Alquist-Priolo Earthquake Fault Zones.

California Geological Survey, Earthquake Fault Zones map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.

Liquefaction zone

Inside a Seismic Hazard Zone for liquefaction.

California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Landslide zone

Outside the earthquake-induced landslide zones.

California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Tsunami hazard area

Inside the Tsunami Hazard Area on the State's evacuation planning map.

California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.

Internet and charging

Fixed internet

Fiber: AT&T, up to 5,000 Mbps, at 19 of 19 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 19 of 19.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590635005000, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 0.4 miles away (ChargePoint, 2 Level 2 ports). 114 public charging ports within 3 miles.

U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.

These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).

Official maps

Next steps

Looking for something similar

116 42nd Street is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.

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Selling near 116 42nd Street

Thinking of selling nearby? We bring current Balboa Peninsula (Residential) sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

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The neighborhood

About Newport Beach

Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.

Balboa Peninsula (Residential) home sales, past 12 months

Homes sold
28
Median price
$7,112,500
Median days on market
36
Median per sq ft
$2,558

Recorded MLS closings of single-family homes, Nov 2, 2025 to Nov 2, 2026. Days on market run from listing to going under contract.

Recent Balboa Peninsula (Residential) sales

AddressClosedPriceSq ftPer sq ftDays on market
1123 E Balboa Oct 25, 2026 $10,900,000 2,851 $3,823 36
915 W Bay Avenue Oct 19, 2026 $4,921,000 2,270 $2,168 3
3603 Lake Avenue Oct 5, 2026 $4,550,000 2,200 $2,068 0
1440 W Bay Avenue Sep 9, 2026 $9,125,000 3,264 $2,796 0
3601 Lake Avenue Sep 4, 2026 $4,500,000 2,200 $2,045 7

Schools

School District for 116 42nd Street

As listed in the MLS record. Confirm attendance boundaries with the school district.

The MLS record lists the school district as Newport Mesa Unified.

Living in Newport Beach covers its schools, parks and beaches.

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Listed by Lucas Kinney of Balboa Island Estates

Listing information updated May 26, 2026 at 5:08 PM PT. Source: CRMLS.

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